---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-25-000095"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:43:39.086012+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hertz Q2 2025 net loss narrows to $294M; Adj EBITDA turns positive $1M

## Summary
- Net loss of $294M ($0.95 diluted loss per share) vs $865M loss ($2.82) YoY; adjusted EPS loss $0.34.
- Revenue fell 7% to $2.185B; Adjusted Corporate EBITDA positive $1M vs -$460M in Q2 2024.
- Americas RAC revenue $1.738B (-10%), segment Adjusted EBITDA $42M vs -$403M; International RAC revenue up 5% to $447M, EBITDA $42M.
- Depreciation per unit per month (DPU) dropped to $251 from $595 YoY, beating <$300 target; utilization 83% vs 80%.
- Liquidity over $1.45B; CEO Gil West cites transformation and disciplined fleet management.

## SEC filing metadata
- accession: 0001657853-25-000095
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785325000095/0001657853-25-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785325000095/htz-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-25-000095
- JSON: https://secwatch.observer/filing/0001657853-25-000095.json
- Plain text: https://secwatch.observer/filing/0001657853-25-000095.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.